Which of the following statements is true?
A) Application of LIFO for financial reporting purposes must follow the tax laws applicable to LIFO.
B) A company must use FIFO for both tax reporting and financial statement reporting.
C) A company may use FIFO to valuate inventory and LIFO for financial statement reporting purposes.
D) LIFO must be used for financial reporting if it is used for tax purposes.
D
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Which element of intrinsic motivation is the satisfaction we gain by stretching and exercising our capabilities?
A. need for self-determination B. need for achievement C. need for accomplishment D. need for competence
Give the definition of followership as presented in your textbook.
What will be an ideal response?
Which of the following statements is TRUE?
A) Bankruptcy and insolvency is a subject within provincial jurisdiction and the individual's place of residence or business's head office will determine which province's Act applies. B) Bankruptcy and insolvency legislation is aimed at an orderly and fair distribution of a bankrupt's assets as well as the possibility of saving an ongoing business. C) Bankruptcy and insolvency legislation is aimed at giving honest but unfortunate debtors a fresh start. D) Both B and C E) All of the above
Quality in use is defined by
A) effectiveness. B) productivity. C) safety. D) all of the above.